Search found 5040 matches

by Fallible
Tue Feb 09, 2016 6:21 pm
Forum: Personal Consumer Issues
Topic: Math and Computer Science
Replies: 62
Views: 2438

Re: Math and Computer Science

sls239 wrote:To add to the possible alternatives -- Library science, Geographic Information Systems


Or teaching history, which the OP says his nephew has said he would "love" to do, "all things being equal."
by Fallible
Tue Feb 09, 2016 2:46 pm
Forum: Investing - Theory, News & General
Topic: Staying the course?
Replies: 16
Views: 995

Re: Staying the course?

Stocks fall when a lot of (or more) people are selling, and stocks rise when a lot of (or more) people are buying. So would it make sense to say that following the herds is a better strategy than staying the course ? This misunderstands both herd behavior, which is when one invests based on what ot...
by Fallible
Tue Feb 09, 2016 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: How to respond to a siblings who gloats over a great stock pick?
Replies: 45
Views: 2313

Re: How to respond to a siblings who gloats over a great stock pick?

I have sibling who is a stock picker rather than an index fund. Recently, he picked a stock that was way down in the dumps, bought 200 shares, and then it went up in value over 10x, and he made a bucket load of money from it. I smiled and nodded...but it's not easy being an index fund investor when...
by Fallible
Tue Feb 09, 2016 12:14 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 1351
Views: 277363

Re: What Book Are You Currently Reading? Part VI

Having lots of fun with "Thing Explainer: Complicated Stuff in Simple Words" by Randall Munroe, creator of the webcomic "xkcd." It's really less about simplifying complexities, of course, and more to do with just having some very clever fun with them. He should now take up Wall S...
by Fallible
Mon Feb 08, 2016 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5104

Re: No guts to buy today!

What does your IPS say you should do in times like these? [b]Come on! Bogleheads is not a cult, use your judgement [/b]. Using an IPS is using one's judgment. It is based on what is right for that investor, as determined by that investor, and used as a reminder to stay the course when the market is...
by Fallible
Mon Feb 08, 2016 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: help on allocation
Replies: 5
Views: 208

Re: help on allocation

Hi wanted to get other peoples take on my allocation. Very knowledgable about bogleheads, and lazy portfolios. I am 36, about 50K in income, cash flow positive, no debt, rent a one bedroom apartment. single no kids. 150K IRA. all pretax advantage account What portfolio do you prefer (with how much ...
by Fallible
Sun Feb 07, 2016 6:49 pm
Forum: Investing - Theory, News & General
Topic: Emotion? question from dan howitt
Replies: 29
Views: 2609

Re: Emotion? question from dan howitt

For me my understanding of my emotional makeup is huge when it comes to my overall strategy/AA decisions. Then when it comes to the day-to-day aspects of managing things, most of the "work" is is keeping emotions at arms length and, as best as I can, sticking to the plan. I used to think ...
by Fallible
Sun Feb 07, 2016 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice - Employer withdrew accepted offer
Replies: 50
Views: 5816

Re: Need advice - Employer withdrew accepted offer

Do we have any recourse? Its not that I we really need the money and that she would even considering working for this company now but there is a part of me that just has an axe to grind now for the sole fact that this guy made my wife feel horrible. Any thoughts or input would be greatly appreciate...
by Fallible
Sun Feb 07, 2016 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: World-class Worrier Trying to Reassure Another
Replies: 27
Views: 1962

Re: World-class Worrier Trying to Reassure Another

The excessive worry, possibly better termed anxiety, could result from the job stress, making it harder to think clearly and rationally about either the job or the finances and retirement. As noted here, their financial situation is quite good, nothing to keep them from retiring and with many option...
by Fallible
Fri Feb 05, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: Boglehead mentality re todays oil price
Replies: 15
Views: 1171

Re: Boglehead mentality re todays oil price

I am wondering about the above. I think things like oil and gold are speculation. However, given todays super low price of oil, why are more people not pumping loads of money in. This is obviously a standard question, but would the boglehead mentality say that all information is currently priced in...
by Fallible
Fri Feb 05, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Emotion? question from dan howitt
Replies: 29
Views: 2609

Re: Emotion? question from dan howitt

Do you know any books I could read about this subject and about what some of you say? Thanks much! Have you tried the books I mentioned above, plus the wiki? Another poster mentioned the Kahneman book, "Thinking, Fast and Slow." Yet another is Dan Ariely's "Predictably Irrational.&qu...
by Fallible
Thu Feb 04, 2016 12:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: MN Bogleheads Meet Sat., Feb. 6, 2016 - UPDATE
Replies: 4
Views: 449

MN Bogleheads Meet Sat., Feb. 6, 2016 - UPDATE

The Minnesota Bogleheads' chapter meets this Saturday, Feb. 6, 2016, from 9:30 a.m. to 11:30 a.m. at the Augsburg Park Library, 7100 Nicollet Ave S, Richfield. We hope you can join us and if you have questions, please post here. To be added to the mailing list, email us at MNbogleheads@gmail.com. Al...
by Fallible
Tue Feb 02, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4021

Re: Yeah, I Timed...

I s this timing based upon gut feelings or have you a strategy in mind - for instance - will you move another $25K if the market drops by another x% over the next x days? If 1 year goes by and the market has only gone up by 8% instead of your "10% and I'll move it back" bar - will you sti...
by Fallible
Tue Feb 02, 2016 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3205

Re: Under-estimated my risk tolerance

I think in the end, this is tinkering. I put a lot of thought into my AA, and it's not as though I'm ignoring stocks at this time. I'm going to leave it alone and stick 65/35. Thank you all so much for talking through this with me. In the end, I'm going to do nothing - while I do reserve the right ...
by Fallible
Tue Feb 02, 2016 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Silent Investor Owed Lots of Money
Replies: 33
Views: 2361

Re: Silent Investor Owed Lots of Money

Has your FIL asked for your advice on the matter? No...he just brought it up to us for the first time today. We didn't know there was an issue. He said he doesn't want to involve a lawyer yet because he doesn't want to pay for a lawyer. He didn't seem overly concerned about the situation, so my wif...
by Fallible
Mon Feb 01, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7536

Re: Make your retirement money last

And it was revised in '09 and re-titled "Making the Most of Your Money NOW ." Even better. [size=100][color=Darkslategrey]You know, I'm not embarrassed to confess that I haven't read more than a page or two of the 2009 version. I held back a copy for myself of course when I got my first s...
by Fallible
Mon Feb 01, 2016 8:52 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7536

Re: Make your retirement money last

In my view, there really is no more trustworthy financial journalist than Jane Bryant Quinn, and her new book is a tour de force of the financial issues you’ll face in retirement. I highly recommend it. [size=105] Reading Quinn's 'Making the Most of Your Money' [color=#400000]in the early 1990s lai...
by Fallible
Mon Feb 01, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7536

Re: Make your retirement money last

Delete repeat.
by Fallible
Mon Feb 01, 2016 7:30 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7536

Re: Make your retirement money last

In my view, there really is no more trustworthy financial journalist than Jane Bryant Quinn, and her new book is a tour de force of the financial issues you’ll face in retirement. I highly recommend it. [size=105] Reading Quinn's 'Making the Most of Your Money' [color=#400000]in the early 1990s lai...
by Fallible
Mon Feb 01, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Permanent Asset Allocation
Replies: 5
Views: 681

Re: Permanent Asset Allocation

While you're still setting an AA, it's a great time to read "All About Asset Allocation," 2nd ed., by pro Boglehead Rick Ferri. It's comprehensive and includes when it's appropriate to change an AA.
by Fallible
Sun Jan 31, 2016 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3205

Re: Under-estimated my risk tolerance

I think one thing stands out here, one BIG thing: you seem to be basing an "under-estimation" of your risk tolerance mainly on the '08 crash, which was deep and frightening, but also followed by a recovery that began the following March and morphed into a historic bull market over several...
by Fallible
Sun Jan 31, 2016 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3205

Re: Under-estimated my risk tolerance

... Starting in 2008, I arrived in time to watch the "Great Recession" happen. Investing initially was like throwing my money into a bottomless pit, it disappeared so quickly. Of course we've since had a prolonged bull market that has fallen into correction territory and 8 years have gone...
by Fallible
Sun Jan 31, 2016 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just not interested any more [in investing]
Replies: 42
Views: 7150

Re: Just not interested any more [in investing]

... I guess the whole Boglehead goal is to spend less time worrying about investing etc...and more time living your life....I get that...I didn't expect to become so disinterested in everything finance / investing related. Is this a bad thing? ... Unless you're failing to routinely check your portf...
by Fallible
Fri Jan 29, 2016 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: son just starting out
Replies: 19
Views: 1465

Re: son just starting out

What is in his Roth IRA? Here is a short booklet pdf that you both can read that will give him lots of good ideas in a quick free read. Author is a recommended author, Dr William Bernstein, who wrote it for his adult children. https://www.etf.com/docs/IfYouCan.pdf Another recommendation for this gr...
by Fallible
Fri Jan 29, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: "Why Simple Is Still a Hard Sell"
Replies: 24
Views: 4545

Re: "Why Simple Is Still a Hard Sell"

As we know from Buffett and Bogle, to paraphrase, what's so hard about simple is that it's not easy. One reason it's not easy is that it still requires effort to learn about and understand investing, even a simple portfolio; and once understood, it requires self-discipline and emotional control to a...
by Fallible
Thu Jan 28, 2016 11:47 pm
Forum: Personal Consumer Issues
Topic: Most efficient way to improve my writing ability?
Replies: 56
Views: 2583

Re: Most efficient way to improve my writing ability?

A quote I think of often is by Oscar Wilde: "I was working on the proof of one of my poems all the morning, and took out a comma. In the afternoon I put it back again." Great quote. I have found that allowing even more time between drafts drastically improves my writing. Get to the end. W...
by Fallible
Thu Jan 28, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 209
Views: 10638

Re: Do you pay for exercise?

I've paid only for my outdoor and stationary bikes, good walking shoes, sturdy hiking boots, and dumbells. Also take the stairs at home several times a day.
by Fallible
Thu Jan 28, 2016 7:18 pm
Forum: Personal Consumer Issues
Topic: Most efficient way to improve my writing ability?
Replies: 56
Views: 2583

Re: Most efficient way to improve my writing ability?

... I'm already a fairly decent technical writer (passable anyway). I'm fairly certain my primary issue is going to be meeting minimum page length. Being more technical in nature, it's in my blood to keep things short and concise. I have difficulty elaborating - especially if it feels forced. The t...
by Fallible
Thu Jan 28, 2016 1:44 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9376

Re: What is your favorite Financial Quote or Metaphor??

(About the future direction of the stock markets, interest rates, etc. and its relation to a portfolio asset allocation?) I don't know and I don't care. Would that be ignorance or apathy? :wink: I was thinking more along the lines of have a good IPS, a decent asset allocation, ignore the noise and ...
by Fallible
Thu Jan 28, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: Which news source do you use?
Replies: 67
Views: 4227

Re: Which news source do you

Of the two papers, I like the NYT for news overall, then the WSJ for personal finance and investing, but also check other news sources throughtout the day. I was a news journalist for many years and when I retired, thought I'd enjoy no longer having to read so many different sources of news every da...
by Fallible
Wed Jan 27, 2016 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4142

Re: Bought a bunch of stocks today

Sounds like a discussion overheard many years ago at the Royal Exchange. The notion that folks (whatever their age) can just toss money into equities is, well, beyond me. I have no problem with trading, mind you. It's fun, and you can actually make money if you keep your eye on the ball, so to spea...
by Fallible
Wed Jan 27, 2016 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4142

Re: Bought a bunch of stocks today

And now I should say that you are a far better investor than I was at 24 and congratulations on that. Sounds like a discussion overheard many years ago at the Royal Exchange. The notion that folks (whatever their age) can just toss money into equities is, well, beyond me. I have no problem with tra...
by Fallible
Wed Jan 27, 2016 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4142

Re: Bought a bunch of stocks today

Hi guys, Prior to the closing bell today, I added about 50k to my 100% equities to my portfolio, just 2/3 VTSAX and 1/3 VTIAX, simple as that. For whats its worth this was about a 25% addition to my portfolio. I had been DCA'ing before, but seeing how low things have gotten, I couldn't help myself....
by Fallible
Tue Jan 26, 2016 7:13 pm
Forum: Personal Consumer Issues
Topic: 3 Small Dogs - Dental Care
Replies: 19
Views: 1436

Re: 3 Small Dogs - Dental Care

As someone who raw feeds and has not had a dental done on a dog since 1995, I have to recommend raw knuckle bones. Not the long bones which are too hard, but the knuckles. I foster dogs often and they sometimes come to me with calculus like nobody's business. Two or three sessions with a raw bone a...
by Fallible
Tue Jan 26, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3460

Re: Should we do what our FA advises?

Thanks everyone for the advice. We are still sorting through all of your posts. The "FA" we used is a CFP actually. We paid him a fee to draw up our financial plan, a very detailed plan that took all of our information, including goals, into consideration. Our estate lawyer brought him to...
by Fallible
Tue Jan 26, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3460

Re: Should we do what our FA advises?

Thanks everyone for the advice. We are still sorting through all of your posts. The "FA" we used is a CFP actually. We paid him a fee to draw up our financial plan, a very detailed plan that took all of our information, including goals, into consideration. Our estate lawyer brought him to...
by Fallible
Mon Jan 25, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4142

Re: Bought a bunch of stocks today

It's interesting that often when people time the market, they say they didn't, or weren't trying to, of ask if they did. Market timing's not hard to understand, so why not just say they took a guess, timed the market, and now hope to get lucky?
by Fallible
Mon Jan 25, 2016 10:20 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9376

Re: What is your favorite Financial Quote or Metaphor??

"Successful investing is all about common sense." John Bogle

"Investing is simple, but it's not easy." Warren Buffett
by Fallible
Mon Jan 25, 2016 9:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 3693

Re: Happy Birthday Taylor!

I'll keep it simple: Happy Birthday Taylor!

Fallible
by Fallible
Mon Jan 25, 2016 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risk Tolerance with Short Investment Horizon
Replies: 4
Views: 373

Re: Risk Tolerance with Short Investment Horizon

... None of the discussions of risk tolerance that I have found tie the two together, but can one afford to consider their risk tolerance and adjust asset allocation accordingly, as is so typically recommended, when their investment horizon is short like this, for example potentially taking even ju...
by Fallible
Mon Jan 25, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4142

Re: Bought a bunch of stocks today

Hi guys, Prior to the closing bell today, I added about 50k to my 100% equities to my portfolio, just 2/3 VTSAX and 1/3 VTIAX, simple as that. For whats its worth this was about a 25% addition to my portfolio. I had been DCA'ing before, but seeing how low things have gotten, I couldn't help myself....
by Fallible
Mon Jan 25, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3460

Re: Should we do what our FA advises?

Thank you in advance for your help. Here's the story: My husband and I are 60 and 61 y.o. We just had a FA work up a financial plan for us. He is a certified financial advisor who works for himself, but obviously he does get commissions for products he gets us to buy into, which is why we now have ...
by Fallible
Mon Jan 25, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Another 100% stock thread!
Replies: 33
Views: 2816

Re: Another 100% stock thread!

.... Psychology Generally, I approach decision making from the perspective of an engineer/scientist. I'm interested in data, analysis, and theory without giving much consideration to emotion. I've always been focused on long term benefits over instant gratification. ... Now is a good time to give l...
by Fallible
Sun Jan 24, 2016 5:59 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13804

Re: The Big Short

"Inside Job", 2011 Oscar winner for best documentary, is a must see film for anyone interested in the financial crises. IMO far better than The Big Short, both in terms of education and entertainment. http://www.sonyclassics.com/insidejob/ Inside Job was unwatchable to me. Basically not u...
by Fallible
Sun Jan 24, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1730

Re: Robo-advisors and Risk and Bernstein

The graphic in the article that linked to a review of Robo-Advisors was really quite helpful. It is, and also the comparisons of robo-advisors in the article. The differences in approach and the attention, or near lack of it in some cases, to an investor's emotional risk tolerance surprised me and ...
by Fallible
Sun Jan 24, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9101

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Agree with those who say this is more a relationship than money issue and resolving it is mainly up to your fiancé. It's her money at this point and she should use the advice she's getting from you and her father to then make up her own mind. Does she understand that?
by Fallible
Sun Jan 24, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1730

Re: Robo-advisors and Risk and Bernstein

The graphic in the article that linked to a review of Robo-Advisors was really quite helpful. It is, and also the comparisons of robo-advisors in the article. The differences in approach and the attention, or near lack of it in some cases, to an investor's emotional risk tolerance surprised me and ...
by Fallible
Sat Jan 23, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1730

Robo-advisors and Risk and Bernstein

Interesting background on the value of robo-advisors from the NYT and from Bill Bernstein: What really matters is whether investors are comfortable sticking with a particular recommendation when the markets sour. There could be a significant difference in how much risk the robots believe you can aff...
by Fallible
Fri Jan 22, 2016 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6617

Re: The Boglehead Way of Employment

Finding the right career is about finding oneself. It takes longer for some than for others, and even if the right career is found, there may be another down the road as you continue to get to know yourself and discover more things you can do and love to do. There may be wrong turns, wrong jobs, but...
by Fallible
Fri Jan 22, 2016 8:15 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13804

Re: The Big Short

Recently saw “The Big Short”. Really enjoyed it and will watch it again to pick up nuances I missed. A memorable scene: Fund manager when conversing with S&P Credit Rating Agency representative, learned that high ratings were rubber stamped so banks (customers) wouldn’t go to competitors. The f...

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